By Nick Redfearn, Rouse - COVID-19 has caused some shifts in IP infringement patterns, including magnifying existing trends. As a result of changes in trade, Southeast Asia (the 10 ASEAN nations) have now become China’s largest trading partner. Southeast Asia received over USD350 billion in exports in 2019 and overtook the EU in 2020. Exports to Southeast Asia have been rising every year thanks to China’s Belt & Road initiative. China’s definition of the ‘Road’ is the sea
Designing ‘human-centred’ trade facilitation solutions: How does it work? By Craig Atkinson for Enhanced Integrated Framework (EIF) Following digitisation of commercial documents, the digitalisation of trade implies functional use of data to improve the automation potential of cross-border processes. By taking a human-centred approach to policy design in conformity with global semantic standards, trade rules in a ‘data driven’ format can address inequalities in access to info
Insight perspectives by ALEXANDER DE VOET, Manager, Global Consulting Lead, Accenture Border Services In my previous blog, I looked at some of the challenges border agencies face as they address the flows of people and goods in a world that is increasingly volatile, unpredictable, complex and ambiguous (‘VUCA’). To adapt and evolve their services to better meet these challenges, agencies need to start seeing the world from the point of view of the travellers and traders that
Insights from customs and trade across the APAC region includes the following highlights: Feature Article: From soba to udon - Are the noodles in the FTA bowl getting too thick? China releases revised export control law for public comment China encourages sales of Processing Trade products into China Impact of US’ order to revoke Hong Kong’s special customs territory status Approved Major Exporter Scheme for Sales Tax in Malaysia Two new Customs Duties Orders under AJCEP and
News & intelligence on safe, smart and secure cross border trade & investment for donors, governments, multilaterals, academia, enterprise & technologies As Covid continues to dominate international trade headlines in August we have seen a resulting move forward in the speed of tradetech digitalization and implementation which are encouraging signs.
Trade intelligence supports a paradigm shift in consumer behavior with a significant rise in e-commerce that is defining the 'Ne
Interesting article by Dr. Deborah Elms, Asian Trade Centre, Singapore who we must congratulate for being an incredibly busy advocate for trade in the region during lockdown! I have been asked to speak at multiple online events this week alone on the topic of “supply chain resilience.” It’s not just supply chain professionals and business leaders worried about how to ensure that chains can bend, but not break, and handle the current and future crises with ease. Increasingly
Interview with Ni Yuefeng, Head, General Administration of Customs (GAC) China: China's foreign trade has the conditions and capabilities to achieve high-quality development even though COVID-19 has dealt a heavy blow to the global market. According to World Trade Organization (WTO) estimates, the volume of global merchandise trade would slump by around 18.5 percent year on year in the second quarter of this year and by 13 percent throughout 2020. Amid increasing uncertaintie
Dubai Trade, the UAE Region’s single window platform for cross-border trade, has launched ZADI, a unified food import platform aimed at facilitating the import and re-export of food shipments throughout Dubai’s ports, according to DP World. In a statement, DP World described the platform as the “first-of-its-kind” in the Middle East. It will be part of Dubai Trade’s drive to be the leading integrated platform in all import and re-export services. Additionally, it will also al
Dubai Customs has launched Siyaj, an AI-based integrated control system to protect and secure the country’s ports and trade gateways, according to a statement from the government. The government said the new system is based on a number of “sophisticated AI technologies, rapid intervention teams and drones”, as well as rapid intervention teams and a sniffing dog unit. It said the Siyaj will enhance Dubai and the United Arab Emirates’ (UAE) security and help protect ports from
As nations in Asia adapt to Covid-19, regional trade conflicts, trade embargoes and new trade deals, accurate trade intelligence is becoming a critical, precious and essential asset. US trade intelligence company Trade Data Monitor Inc (US) has signed an Memorandum Of Understanding with KW Group (Malaysia) to support their growth and business development in the Asia Pacific region. US-based Trade Data Monitor (TDM) publishes the official monthly trade statistics of over a hun
ISLAMABAD: The government is all set to comply with the World Trade Organisation provisions to implement Pakistan Single Window (PSW) to streamline cross-border movement of goods and regulatory bottlenecks. The government has set a deadline of 2022 to put in place the whole system which will be implemented at a cost of $67 million. This will not only improve the ease of doing business but also enhance controls through integrated risk management. A senior customs officer told
Maersk said on Monday it had agreed to buy Sweden-based customs broker KGH Customs Services for 2.6 billion Swedish crowns ($281 million), as the container shipping group seeks to expand its end-to-end logistics services. Maersk since 2016 has sold its oil and gas business and focused on its container and logistics business for customers including Walmart and Nike. It handles about one in five containers shipped by sea worldwide and is seeking to speed up investments in in-la
New Comesa plan set to ease movement of goods Kenya is among 15 African States that have agreed to pilot a new project seeking to ease movement of goods within the region’s trading bloc. The electronic certificate of origin (eCO) System, developed under the Common Market for Eastern and Southern Africa (Comesa) digital free trade area will fast-track movement of goods, enhancing intra-regional trade. The new plan will do away with registration, application and submission of c
Digitalisation of trade facilitation is now fundamental and no longer a distant plan -Congratulations to Dubai Customs under the leadership of Ahmed Mahboob Musabih, Director General of Dubai Customs Against All Odds Dubai Customs Transactions Skyrocket in 2020 - The number of customs transactions completed by Dubai Customs skyrocketed 36% in the first five months of 2020 to reach 5.9 million compared to 4.4 million transactions in the corresponding period in 2019. This indic
Over the past few months, Customs authorities in Latin America and the Caribbean have had to work hard and think outside the box in response to the COVID-19 pandemic. Tons of personal protective equipment, including masks, gowns, medical devices, medicines, and disinfectant products, as well as food and other necessities, have passed through these agencies. Those shipments had to be prioritized and dispatched quickly and safely, without neglecting the regular flows of trade.
Alibaba Group on Thursday expanded its partnership with Yiwu, a city in China’s Zhejiang province that is home to the world’s largest wholesale market, with plans to digitize a new bonded zone to streamline the flow of cross-border goods in the city as well as provide innovative solutions to help small businesses offset the impact of Covid-19. The comprehensive bonded zone – a classification that offers companies engaged in trade with favorable taxation policies, eased admini
Written by: Pamela Ugaz and Sijia Sun With the unprecedented global spread of COVID-19 in only one month, the World Health Organization has declared the virus a pandemic. The COVID-19 poses a severe global threat, not only substantially impacting people and public health, but also disrupting global trade. Border agencies face the challenge of expediting imports, including donations and emergency relief while ensuring epidemic prevention and providing adequate Customs clearanc
ABU DHABI, Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, and Chairman of the Abu Dhabi Executive Office, yesterday (May 9), inaugurated the Single Window of Logistics & Trade in Abu Dhabi during a visit to Khalifa Industrial Zone Abu Dhabi, Kizad, a subsidiary of Abu Dhabi Ports.
Sheikh Khalid was briefed on development plans in presence of Falah Mohammad Al Ahbabi, Chairman of Abu Dhabi Department of Municipalities and Transport,
ICC Secretary General John W.H. Denton AO and WCO Secretary General Kunio Mikuriya say effective trade facilitation – based on international standards – will play a central role in enabling business continuity and renewed economic growth during and post pandemic. This statement calls for a coordinated customs response to the COVID-19 crisis – including through active participation in multilateral efforts and an open dialogue with neighbouring countries. VIEW STATEMENT #GTDWCH
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